NGC Closes $64M C-PACE Financing for Westin Peachtree Plaza

Deal Summary

Nuveen Green Capital (NGC) closed a $63.97 million Commercial Property Assessed Clean Energy (C‑PACE) financing, administered by Invest Atlanta, to fund Portman's acquisition and renovation of the Westin Peachtree Plaza hotel in Atlanta. The deal, the largest C‑PACE financing in Georgia, includes participation from BMO Bank N.A. and provides long‑term, fixed‑rate, non‑recourse capital for the 36‑month renovation.